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A group virtually unheard of at the turn of this century is emerging as a global economic force. The “new wealth builders” – self-made global citizens with household financial assets of $100,000 to $2 million – are now the world’s fastest-growing financial demographic. And that growth will continue as consumers in rapidly expanding economies move up the economic ladder. getAbstract recommends this smart report from the Economist Intelligence Unit to bankers, marketers and financial advisers looking to understand this future powerhouse.

In this summary, you will learn

Who the “new wealth builders” (NWBs) are;

Why their growth will soar around the world; and

What characterizes NWBs as workers, individuals and investors.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

Summary

The “new wealth builders” (NWBs) – those 267 million households with financial assets of $100,000 to $2 million each – are the world’s fastest-growing wealth group. Globally, the number of NWBs will increase at a compound annual rate of 6.7% to 2020, and they are poised to amass $145 trillion by 2020...